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Legal & Regulatory
Electricity Sector Problems and Opportunities Posed by Legalized Marijuana
The final session of the annual meeting of the National Association of Regulatory Utility Commissioners (NARUC) in Austin ended on Nov. 11 on a “high note,” as outgoing president and Florida Commissioner Lisa Edgar had promised, with a panel titled “The Straight Dope on Energy & the Marijuana Industry.” The subtitle, “(Don’t laugh, it could […]
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Renewables
Advisory Committee to DOE: U.S. Must Level Playing Field for Coal, Carbon Capture Technologies
The world must have carbon capture and storage (CCS) technology to address climate concerns, but commercializing CCS will require a level playing field, an industry advisory council appointed by the Department of Energy (DOE) underscores in a new white paper. The report released by the National Coal Council (NCC) on Nov. 10 responds to a […]
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Renewables
Unregulated U.S. Utility Sector to See Downturn in 2016, Moody’s Warns
Falling power and gas prices will impact the operating cash flows of unregulated U.S. utilities in 2016, but regulated utilities will see a more stable outlook owing to a supportive regulatory environment, Moody’s Investors Service said in a new analysis of fundamental business conditions released on Nov. 6. Moody’s changed its 2016 industry outlook for […]
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POWERnews—Nov. 4, 2015
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide SaskPower Admits to Problems at First “Full-Scale” Carbon Capture Project at Boundary Dam Plant Once again, a first-of-a-kind technology at a coal-fired power plant that is designed to reduce its greenhouse gas footprint has run into design, operational, and […]
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Legal & Regulatory
House Energy Subcommittee Resolves to Bar EPA Carbon Rules
A subcommittee of the House Energy and Commerce Committee has passed two resolutions under a rarely invoked law to render the Environmental Protection Agency’s (EPA’s) newly finalized carbon rules for new and existing power plants toothless. The joint resolutions introduced on Oct. 26 by Energy and Power Subcommittee Chair Rep. Ed Whitfield (R-Ky.) under the […]
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Gas
Acquisition of GE, Alstom Technology to Give Ansaldo Energia Major Market Boost
Italian energy giant Ansaldo Energia says its acquisition of Alstom’s GT 26 and GT36 gas turbine assets and technology, as required by European regulators, will allow the company to increase its turnover twofold in the coming five years. The firm owned 44.8% by Italian state-owned holding company Fondo Strategico Italiano and 40% by Chinese equipment […]
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Renewables
GE’s Acquisition of Alstom’s Power and Grid Business Is Official
Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE’s acquisition of Alstom’s energy activities is now complete. GE and Alstom sealed the deal first proposed in early 2014 with the signing of a 1,500-page “master agreement.” GE had initially proposed buying Alstom’s lucrative business for €12.35 billion, but following […]
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POWERnews—Oct. 29, 2015
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide CB&I Out, Fluor In at Vogtle and V.C. Summer Nuclear Power Plant Construction Projects There has been a major shake up in the contractors involved in both of the new AP1000 nuclear power plant projects under construction in the […]
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Coal
Kemper IGCC Celebrates Key Milestone, Suffers New Cost Increases
Mississippi Power has revealed a new cost increase of $110 million for its Kemper County integrated gasification combined cycle (IGCC) facility. But, the company said that it has tested one of two gasification units—reaching what it says is the project's "most significant milestone yet"—and that it does not expect any new delays. Testing the gasifiers […]
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Legal & Regulatory
Information-Sharing Cybersecurity Bill Clears Senate, On Track to Be Enacted
The U.S. Senate has approved the Cybersecurity Information Sharing Act (CISA), controversial legislation intended to block the deluge of cyberattacks by opening up communication channels between the private sector and federal agencies. Senate Bill 754 introduced in March by Sen. Richard Burr (R-N.C.) and co-sponsored by Dianne Feinstein (D-Calif.) passed the Senate by a […]